POWER INTEGRATIONS INC
SC 13G, 1998-02-11
SEMICONDUCTORS & RELATED DEVICES
Previous: BURLINGTON RESOURCES INC, SC 13G/A, 1998-02-11
Next: DEKALB GENETICS CORP, SC 13G/A, 1998-02-11




                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                            Power Integrations, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   739276 10 3
- --------------------------------------------------------------------------------
                                 (CUSIP Number)



*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                               Page 1 of 14 Pages
<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 2 of 14 Pages
          -----------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          InterWest Partners V, LP
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          California
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     731,814
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       0
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       731,814
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       0
- --------- -------------------------------------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          731,814
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          PN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 2 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 3 of 14 Pages
         ------------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          InterWest Management Partners V, L.P.
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          California
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     731,814
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       0
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       731,814
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       0
- ----------------------------- -------- --------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          731,814
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          PN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 3 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 4 of 14 Pages
          -----------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          Alan W. Crites
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     0
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       736,347
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       0
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       736,347
- --------- -------------------------------------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          736,347
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 4 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 5 of 14 Pages
          -----------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          Philip T. Gianos
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     5,000
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       731,814
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       5,000
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       731,814
- ----------------------------- -------- --------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          736,814
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 5 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 6 of 14 Pages
         ------------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          Wallace R. Hawley
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     0
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       736,347
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       0
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       736,347
- ----------------------------- -------- --------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          736,347
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 6 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 7 of 14 Pages
          -----------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          W. Scott Hedrick
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     0
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       736,347
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       0
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       736,347
- --------- -------------------------------------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          736,347
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 7 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 8 of 14 Pages
          -----------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          W. Stephen Holmes
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     0
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       736,347
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       0
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       736,347
- --------- -------------------------------------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          736,347
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 8 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 9 of 14 Pages
          -----------                                                                                        
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          Robert R. Momsen
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     0
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       736,347
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       0
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       736,347
- --------- -------------------------------------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          736,347
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 9 of 14 Pages

<PAGE>

<TABLE>
<CAPTION>
<S>                                                          <C>                   <C>
- ---------------------------------------------                                      ------------------------------------
                                                             13G
CUSIP No. 739276 10 3                                                                      Page 10 of 14 Pages
          -----------                                                                                         
- ---------------------------------------------                                      ------------------------------------

- --------- -------------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          Arnold L. Oronsky
- --------- -------------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                              (a) [ ]
                                                                                                         (b) [ ]
- --------- -------------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY
- --------- -------------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ----------------------------- -------- --------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER

         NUMBER OF                     0
                              -------- --------------------------------------------------------------------------------
           SHARES                6     SHARED VOTING POWER
   BENEFICIALLY OWNED BY
                                       731,814
                              -------- --------------------------------------------------------------------------------
 EACH REPORTING PERSON WITH      7     SOLE DISPOSITIVE POWER

                                       0
                              -------- --------------------------------------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER

                                       731,814
- ----------------------------- -------- --------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          731,814
- --------- -------------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- -------------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          6.1%
- --------- -------------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

          IN
- --------- -------------------------------------------------------------------------------------------------------------
<FN>

                      *SEE INSTRUCTION BEFORE FILLING OUT!
</FN>
</TABLE>
                               Page 10 of 14 Pages

<PAGE>



Item 1.

(a)      Name of Issuer:  Power Integrations, Inc. ("Issuer")


(b)      Address of Issuer's Principal Executive Offices:

         477 North Mathilda Avenue
         Sunnyvale, CA 94086

Item 2.

(a)      Name of Person(s) Filing:

         InterWest Partners V, L.P. ("IWP V")
         InterWest Management Partners V, L.P. ("IMP V")
         Alan W. Crites ("Crites")
         Philip T. Gianos ("Gianos")
         Wallace R. Hawley ("Hawley")
         W. Scott Hedrick ("Hedrick")
         W.    Stephen Holmes ("Holmes")
         Robert R. Momsen ("Momsen")
         Arnold L. Oronsky ("Oronsky")


(b) Address of Principal Business Office or, if none, Residence:

         3000 Sand Hill Road
         Building 3, Suite 255
         Menlo Park, CA 94025

 (c)      Citizenship/Place of Organization:

         IWP V:       California
         IMP V:       California
         Crites:      United States
         Gianos:      United States
         Hawley:      United States
         Hedrick:     United States
         Holmes:      United States
         Momsen:      United States
         Oronsky:     United States


 (d)     Title of Class of Securities:  Common Stock

(e)      CUSIP Number:     739276 10 3

Item 3.        Not applicable.

                               Page 11 of 14 Pages

<PAGE>

<TABLE>

Item 4         Ownership.
<CAPTION>
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
                                                                         Other     
                       IWP V      IMP V       Gianos      Oronsky     Individuals* 
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
<S>    <C>             <C>        <C>           <C>        <C>            <C>      
(a)    Beneficial
       Ownership       731,814    731,814       736,814    731,814        736,347**
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
(b)    Percentage
       of Class           6.1%       6.1%          6.1%       6.1%             6.1%
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
(c)    Sole Voting
       Power           731,814    731,814         5,000          0                0
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
       Shared
       Voting Power          0          0       731,814    731,814          736,347
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
       Sole
       Dispositive
       Power           731,814    731,814         5,000          0                0
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
       Shared
       Dispositive
       Power                 0          0       731,814    731,814          736,347
- ------ ------------- ---------- ---------- ------------- ---------- ----------------
<FN>

*Individuals included in this column are Crites, Hawley, Hedrick, Holmes and Momsen


**Includes 4,533 shares of Issuer's Common stock held by InterWest  Investors V,
a general partnership,  of which Crites, Hawley,  Hedrick, Holmes and Momsen are
general partners
</FN>
</TABLE>

Item 5.        Ownership of Five Percent or Less of a Class

Not applicable.

Item 6.        Ownership of More than Five Percent on Behalf of Another Person

Under certain circumstances set forth in the partnership agreement of IMP V, the
general  partners and/or limited  partners of such partnership have the right to
receive  dividends  from,  or the proceeds from the sale of, the Common Stock of
Issuer beneficially owned by such Partnership.

Item 7.       Identification   and   Classification  of  the  Subsidiary  Which
              Acquired the  Security  Being  Reported on By the Parent  Holding
              Company.

Not applicable.

Item 8.        Identification and Classification of Members of the Group

No   reporting   person  is  a  member  of  a  group  as   defined   in  section
240.13d-1(b)(1)(iii)(H) of the Act.

Item 9.        Notice of Dissolution of Group

Not applicable.

Item 10.       Certification

Not applicable

EXHIBITS

A.    Joint Filing Statement

                               Page 12 of 14 Pages

<PAGE>


                                    SIGNATURE

After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Date:    February ____, 1998


INTERWEST PARTNERS V, L.P.

By:    InterWest Management Partners V, L.P.           _________________________
                                                       Alan W. Crites
       By: __________________________________
           General Partner                             _________________________
                                                       Philip T. Gianos
INTERWEST MANAGEMENT PARTNERS V, L.P.
                                                       _________________________
By:    ________________________________________        Wallace R. Hawley
       General Partner
                                                       _________________________
                                                       W. Scott Hedrick

                                                       _________________________
                                                       W. Stephen Holmes

                                                       _________________________
                                                       Robert R. Momsen

                                                       _________________________
                                                       Arnold L. Oronsky


                              Page 13 of 14 pages

<PAGE>


                                    EXHIBIT A

We, the undersigned, hereby express our agreement that the attached Schedule 13G
is filed on behalf of each of us.

Date:    February ____, 1998


INTERWEST PARTNERS V, L.P.


By:    InterWest Management Partners V, L.P.           _________________________
                                                       Alan W. Crites
       By: __________________________________          
           General Partner                             _________________________
                                                       Philip T. Gianos
INTERWEST MANAGEMENT PARTNERS V, L.P.
                                                       _________________________
By:    ______________________________________          Wallace R. Hawley
       General Partner
                                                       _________________________
                                                       W. Scott Hedrick

                                                       _________________________
                                                       W. Stephen Holmes

                                                       _________________________
                                                       Robert R. Momsen

                                                       _________________________
                                                       Arnold L. Oronsky






                              Page 14 of 14 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission